Bitcoin Forum
May 25, 2024, 10:51:36 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: switch exchanges  (Read 170 times)
Rita G. (OP)
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
February 06, 2020, 08:20:49 PM
 #1

Can I receive BTC from an exchange (exchange ‘A’) with electrum wallet, and send the BTC to another exchange (exchange ‘B’)?

. . or does it have to be used with the same exchange where the BTC was bought?
OmegaStarScream
Staff
Legendary
*
Offline Offline

Activity: 3486
Merit: 6148



View Profile
February 06, 2020, 08:28:53 PM
Last edit: February 07, 2020, 07:00:20 AM by OmegaStarScream
 #2

You can do that. The exchange doesn't care where the funds are coming from, any transaction will automatically be detected.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
nakisama
Member
**
Offline Offline

Activity: 205
Merit: 22


View Profile
February 06, 2020, 08:29:22 PM
 #3

you can send btc to any other btc address (person, same or other exchange, or any other website)$
Rita G. (OP)
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
February 06, 2020, 08:40:37 PM
 #4

Thank you!  Kiss
DireWolfM14
Copper Member
Legendary
*
Offline Offline

Activity: 2184
Merit: 4241


Join the world-leading crypto sportsbook NOW!


View Profile WWW
February 06, 2020, 10:31:47 PM
 #5

If you are having trouble sending bitcoin from your exchange to your Electrum wallet it could be due to the address type.  Electrum will default to creating a Segwit wallet with addresses that begin with bc1...  Most exchanges are still not compatible to send to such addresses.  This won't be an issue at all if you are sending bitcoin from Electrum to an exchange.

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█  █▀█▀
  ▄█  ██  █▄  ▄
█ ▄█ █▀█▄▄█▀█ █▄ █
▀▄█ █ ███▄▄▄▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
   ██████   █
█     ▀▀     █
▀▄▀▄▀▄▀▄▀▄▀▄
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
TheUltraElite
Legendary
*
Offline Offline

Activity: 2884
Merit: 1223


Call your grandparents and tell them you love them


View Profile WWW
February 08, 2020, 07:52:18 AM
 #6

Can I receive BTC from an exchange (exchange ‘A’) with electrum wallet, and send the BTC to another exchange (exchange ‘B’)?

. . or does it have to be used with the same exchange where the BTC was bought?
You can also deposit on Exchange B from Exchange A using the deposit address of Exchange B as the withdrawal address of Exchange A when you cash out from there. But I would not suggest you to do this because there are some risks involved in this. It is always safer to first withdraw to the personal wallet and then deposit on the next exchange.

Like OSS said, bitcoins are not specific to a exchange and like DWM14 said, be careful about the SegWit/Non-SegWit wallet address and check which one is supported by Exchange B first before sending.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
The Cryptovator
Legendary
*
Offline Offline

Activity: 2254
Merit: 2181

Need PR/CMC & CG? TG @The_Cryptovator


View Profile WWW
February 10, 2020, 08:20:38 AM
 #7

Often I transfer funds from Binance to Bittrex but never faced any issue. Also I had transfer btc and some other alts. If your your both exchange address starting with 1 or 3 (Legacy & nested SegWit), then there shouldn't be any problems. So you don't need to use middle wallet to waste your fees. If there is issue with SegWit and Legacy as described by other users then likely you need to use middle wallet. Sometimes exchange make problem if funds came from gambling sites ( I just heard, don't have real experience) then middle wallet is better.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!